NOT LISTED FOR SALE

505 Capes Dr Unit 1 Oceanside, OR 97134

Estimated Value: $479,670 - $577,000

2 Beds
2 Baths
1,724 Sq Ft
$470/mo HOA Fee

Last Sold March 20, 2020

Last sale price $323,000 $187 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,654/month

174 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Vaulted Ceiling
  • Gated Community
  • Deck
  • 3-minute walk to Cape Meares State Park

About This Home

As of March 2020

Superb Ocean View Cottage in Oceanside! Largest unit at over 1700 square ft. The main level reveals a light, bright & open floor plan that's tastefully decorated in serene shades of the sea. Enjoy the ocean view from the deck or cozy seating area next to fireplace. The entire lower level is the Owner's Suite w/ full bath, wet bar, great room & sleeping area plus a private entrance & deck. Large bedroom and loft on upper level.

Last Agent to Sell the Property

Cyndi Lewis

Rob Trost Real Estate LLC License #200701222 Listed on: 09/05/2019

Last Buyer's Agent

Kristi Moore

Rob Trost Real Estate LLC License #201204980

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 1 Common Wall

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,724 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • First Floor Utility Room
  • Washer and Dryer
  • Utility Room
  • Ocean Views
  • Security Lights

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Cooking Island
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Porch

Schools

  • South Prairie Elementary School
  • Tillamook High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Wood
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 403485

Community Details

Overview

  • 10 Units
  • The Capes Association
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Party Room
  • Community Storage Space

Recreation

  • Tennis Courts

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,150

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1998
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: CommonWall, Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 10
  • Open House: No
  • Room 11 Features: CookIsland,Pantry
  • Room 12 Features: Deck,Fireplace
  • Room 13 Features: Bathroom,GreatRoom
  • Room 7 Features: BuiltinFeatures
  • Room 9 Features: LivingRoomDiningRoomCombo,Nook
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: TileFloor, VaultedCeiling, WalltoWallCarpet, WasherDryer
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Room 5 Description: Den
  • Room 5 Features: Loft
  • Room 5 Level: Upper
  • Basement: Daylight, ExteriorEntry, Finished
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, CookIsland, Cooktop, Disposal, FreeStandingRefrigerator, Microwave, Pantry, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: ShingleSiding,WoodSiding
  • Exterior Features: Deck, GasHookup, Porch, SecurityLights
  • View: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gated, Insurance, Management, PartyRoom, TennisCourt, Trash
  • Senior Community: No
  • Association Fee: 470.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Jenny Green
  • CondominiumAssociationName: The Capes
  • CondominiumAssociationURL: www.thecapeshoa.org
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Liberty
  • High School: Tillamook
  • Elementary School #2: South Prairie

Lot Info

  • Farm: No
  • Parcel #: 403485

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3150.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2021
Sold by
Sullivan Christopher and Nancy Pierce Living Trust
Bought by
Jenson Brent and Jenson Lisa J
Current Estimated Value
$524,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Outstanding Balance
$126,464
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$382,102

Purchase Details

Closed on
Sep 18, 2020
Sold by
Pierce Nancy
Bought by
Pierce Nancy and Nancy Pierce Living Trust

Purchase Details

Listed on
Sep 5, 2019
Closed on
Mar 10, 2020
Sold by
Robinette Cristina and Robinette Jonathan
Bought by
Pierce Nancy
Seller's Agent
Cyndi Lewis
Rob Trost Real Estate LLC
Buyer's Agent
Kristi Moore
Rob Trost Real Estate LLC
List Price
$325,000
Sold Price
$323,000
Premium/Discount to List
-$2,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$223,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2015
Sold by
Kosky Keith E
Bought by
U S Bank Na

Purchase Details

Closed on
Aug 16, 2007
Sold by
Robinette Jonathan and Robinette Cristina
Bought by
Robinette Cristina and Robinette Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 5, 2005
Sold by
Robinette Family Trust
Bought by
Robinette Jonathan and Robinette Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Kosky Keith E and Kosky Cynthia S
Bought by
Robinette Jonathan and Robinette Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jenson Brent $340,500 Ticor Title Company Of Or
Pierce Nancy -- None Available
Pierce Nancy $323,000 Ticor Title
U S Bank Na $423,000 None Available
Robinette Cristina -- Fidelity Natl Title Co Of Ca
Robinette Jonathan -- North American Title Company
Robinette Jonathan $198,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenson Brent $167,500
Previous Owner Pierce Nancy $223,000
Previous Owner Robinette Cristina $304,700
Previous Owner Robinette Cristina $320,000
Previous Owner Robinette Cristina $280,000
Previous Owner Robinette Jonathan $183,000
Previous Owner Robinette Jonathan $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $323,000 -0.6% $187 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
08/22/2019 08/22/19 For Sale $325,000 -- $189 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,470 $275,080 -- $275,080
2023 $3,456 $267,070 $0 $267,070
2022 $3,360 $259,300 $0 $259,300
2021 $3,283 $251,750 $0 $251,750
2020 $3,212 $244,420 $0 $244,420
2019 $3,212 $237,310 $0 $237,310
2018 $3,150 $230,400 $0 $230,400
2017 $3,091 $223,690 $0 $223,690
2016 $2,995 $217,180 $0 $217,180
2015 $2,951 $210,860 $0 $210,860
2014 $2,915 $204,720 $0 $204,720
2013 -- $170,820 $0 $170,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19459452

Regional Multiple Listing Service (RMLS)

APN: R0403485